# Recup

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/recup

- Industry: Environmental Services
- Headquarters: Munich, Germany
- Website: www.recup.de
- Total disclosed funding: $13M
- Latest round: Seed (Apr 12, 2022)
- Investors on record: 2

## About

Founded in 2016 and based in Munich, Germany, reCup GmbH engages in providing reusable system services. In May 2022, reCup GmbH raised EUR 12 million in Seed funding from blueworld.group, GLS Bank, Müller Media GmbH and Co. KG, and summiteer GmbH. Fabian Eckert and Florian Pachaly are the co-founders and co-CEOs of the company.

The company provides reusable products such as recup – reusable cups and rebowl – reusable bowls. The firm operates as a chain of restaurants that offers its products where they add deposits on customers' orders and can get the deposit back by returning the used cups. The enterprise offers its solutions for restaurateurs, corporate caterers, and cities and municipalities.

The organization plans to use the May 2022 funding to grow its team in the restaurant and improve its go-to user services.

## Funding rounds

- Seed, Apr 12, 2022, $13M — JOVA Direkt Invest GmbH, Summiteer

## Investors

- JOVA Direkt Invest GmbH — Seed
- Summiteer (https://capitalatlas.ai/funds/summiteer) — Seed